Decentralized physical infrastructure network (DePIN), explained
    02 Oct 2024
    73 Views

    What is a DePIN? DePINs are the bridge between the physical and digital worlds. They use blockchains and provide token rewards for publicly recorded services. Imagine a decentralized physical infrastructure network (DePIN) technology, a public library where everyone can contribute or borrow books freely. In this library, blockchain is a detailed catalog of books with…

    DeFi resurgence driven by Fed cuts, China, key protocols
    02 Oct 2024
    62 Views

    Apollo Crypto, an investment management firm specializing in digital assets, released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi). A market slowdown followed the peak of “DeFi Summer” in 2020, the report noted, though protocols like Maker, Uniswap and Aave have emerged as industry staples. “As of today…

    EigenLayer’s EIGEN cracks top 100 market rank in trading debut
    02 Oct 2024
    73 Views

    EigenLayer’s native token, EIGEN, cracked the top 100 tokens by market capitalization after commencing trading on Oct. 1, according to CoinMarketCap. The token unlocked at 5:00 am UTC and has been trading between $3.50 and $4.50 per token on Binance. According to Binance, it’s currently trading at around $3.85, implying a fully diluted value of approximately…